Basf Se (BAS) PT Set at €90.10 by Commerzbank Ag
Basf Se (ETR:BAS) received a €90.10 ($103.56) target price from analysts at Commerzbank Ag in a research report issued on Friday. The brokerage currently has a “buy” rating on the basic materials company’s stock.
A number of other research analysts have also recently commented on the company. J P Morgan Chase & Co set a €105.00 ($120.69) price objective on Basf Se and gave the company a “buy” rating in a report on Monday. Goldman Sachs Group, Inc. (The) set a €83.00 ($95.40) price objective on Basf Se and gave the company a “neutral” rating in a report on Friday, July 14th. Independent Research GmbH set a €92.00 ($105.75) price objective on Basf Se and gave the company a “neutral” rating in a report on Monday, July 10th. Deutsche Bank AG set a €101.00 ($116.09) price objective on Basf Se and gave the company a “buy” rating in a report on Monday, July 10th. Finally, Sanford C. Bernstein set a €70.00 ($80.46) price objective on Basf Se and gave the company a “sell” rating in a report on Friday, July 7th. Five investment analysts have rated the stock with a sell rating, nine have issued a hold rating and eleven have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of €90.34 ($103.84).
Shares of Basf Se (ETR:BAS) opened at 81.461 on Friday. The stock has a 50 day moving average price of €83.93 and a 200 day moving average price of €87.96. The stock has a market capitalization of €74.82 billion and a P/E ratio of 17.114. Basf Se has a one year low of €68.50 and a one year high of €94.15.
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Basf Se Company Profile
BASF SE is a chemical company. The Company operates through five segments, which include Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions, and Oil & Gas. The Chemicals segment consists of the Petrochemicals, Monomers and Intermediates divisions. The Performance Products segment consists of the Dispersions & Pigments, Care Chemicals, Nutrition & Health, and Performance Chemicals divisions.
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